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Mini-budget 2022: what does it mean for your money?

From income tax to stamp duty and national insurance, how Kwasi Kwarteng’s announcements could affect you

  • Kwarteng scraps top 45% rate of income tax and cuts stamp duty

The chancellor, Kwasi Kwarteng, has announced a sweeping package of measures in his mini-budget, including a swathe of tax cuts that will have a huge impact on millions of people’s finances. Here we look at what the main announcements mean for household finances.

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